Kratikal Tech Receives BSE Approval for SME IPO Fundraising

Kratikal Tech Limited Secures BSE Approval for IPO

Kratikal Tech Limited, an AI-driven cybersecurity company, has received approval from the Bombay Stock Exchange (BSE) to proceed with its initial public offering (IPO). The company plans to issue up to 3,000,000 equity shares, each with a face value of ₹10, through the public offering.

The Book Running Lead Manager for the issue is Beeline Capital Advisors Private Limited, while KFin Technologies Limited serves as the registrar to the issue. The IPO aims to raise funds for various purposes, including investing in Threatcop FZ LLC, UAE, and Threatcop AI Inc., USA, to support sales and marketing activities, workforce development, product development, and general corporate purposes.

Kratikal Tech Limited operates as a Software-as-a-Service (SaaS)-based cybersecurity company, protecting over 638 clients with a workforce of 184 skilled professionals. The company offers two integrated business lines, including People Security Management (PSM) and Technology and Process Security, designed to mitigate human-centric cyber risks and provide comprehensive technology stack defense.

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The company's AI-driven platforms, including Threatcop and AutoSecT, support proactive identification, prioritization, and remediation of vulnerabilities across various environments. Kratikal's service portfolio includes vulnerability assessment and penetration testing (VAPT), application and infrastructure security, and governance, risk, and compliance (GRC) services.

Key Highlights:

• 3,000,000 equity shares to be issued through the IPO
• ₹10 face value per share
• Beeline Capital Advisors Private Limited as Book Running Lead Manager
• KFin Technologies Limited as registrar to the issue
• 638 clients protected by the company's cybersecurity services
• 184 skilled professionals in the company's workforce